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New Deal


Announced

Completed

Tiger Global completed an $40m investment in EatClub Brands.

Financials

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Transaction Value£31m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

Restaurants and Bars

Private

Private Equity

Single Bidder

Minority

kitchen networks

Completed

Friendly

Cross Border

Acquisition

Synopsis

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Tiger Global, an investment firm, completed an $40m investment in EatClub Brands, a cloud kitchen network. "EatClub Brands is re-imagining how kitchens can operate through its innovative tech-first, full-stack cloud kitchen model. We are impressed with the company's ability to achieve scale and customer loyalty, first with BOX8 and then with MOJO Pizza, while achieving impressive unit economics, and we are excited to partner with them as they continue to grow," Griffin Schroeder, Tiger Global Partner.

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